Edinburgh School of Economics Discussion Paper Series

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126: Extended Conversations in Sender-Receiver Games

R. Vijay Krishna

125: Communication in Games of Incomplete Information: The Two-player Case

R. Vijay Krishna

124: A Model of Participatory Democracy: Understanding the Case of Porto Alegre

Enriqueta Aragones and Santiago Sánchez-Pagés

123: Status, Inequality and Growth

Ed Hopkins and Tatiana Kornienko

122: Non-Monotone Comparative Statics in Games of Incomplete Information

Ed Hopkins and Tatiana Kornienko

121: Adaptive Learning Models of Consumer Behaviour

Ed Hopkins

120: Does Market Concentration Preclude Risk Taking in Banking?

Kaniska Dam and Santiago Sánchez-Pagés

119: A Cost of Unified Currency

Nobuhiro Kiyotaki and John Moore

118: Credit Chains

Nobuhiro Kiyotaki and John Moore

117: On the Design of Hierarchies: Coordination versus Specialization

Oliver Hart and John Moore

116: Liquidity and Asset Pricing

Nobuhiro Kiyotaki and John Moore

115: Inside Money and Liquidity

Nobuhiro Kiyotaki and John Moore

114: Cooperatives vs. Outside Ownership

Oliver Hart and John Moore

113: Liquidity, Business Cycles and Monetary Policy

Nobuhiro Kiyotaki and John Moore

112: Systemic Risk (Clarendon Lectures 3)

Nobuhiro Kiyotaki and John Moore

111: Liquidity, Business Cycles and Monetary Policy (Clarendon Lectures 2)

Nobuhiro Kiyotaki and John Moore

110: Evil is the Root of all Money (Clarendon Lectures 1)

Nobuhiro Kiyotaki and John Moore

109: Agreeing Now to Agree Later: Contracts that Rule Out but do not Rule In

Oliver Hart and John Moore

108: GLS Detrending-Based Unit Root Tests in Nonlinear STAR and SETAR Frameworks

George Kapetanios and Yongcheol Shin

107: Mean Group Tests for Stationarity in Heterogeneous Panels

Yongcheol Shin and Andy Snell

106: Trade, Technology and Wage Inequality in the South African Manufacturing Sectors

Johannes Fedderke, Yongcheol Shin and Prabhat Vaze

105: Gravity Models of the Intra-EU Trade: Application of the Hausman-Taylor Estimation in Heterogeneous Panels with Common Time-specific Factors

Laura Serlenga and Yongcheol Shin

104: Unit Root Tests in Three-Regime SETAR Models

George Kapetanios and Yongcheol Shin

103: Renegotiation of Concession Contracts in Latin America

J. Luis Guasch, Jean-Jacques Laffont and Stephane Straub

102: Opportunism, Corruption and the Multinational Firm's Mode of Entry

Stephane Straub

101: Informal Sector: The Credit Market Channel

Stephane Straub

100: Contractual Remedies to the Holdup Problem: A Dynamic Perspective

Yeon-Koo Che and József Sákovics

99: The use of conflict as a bargaining tool against unsophisticated opponents

Santiago Sánchez-Pagés

98: A Meaningful Two-Person Bargaining Solution Based on Ordinal Preferences

József Sákovics

97: On the Social Efficiency of Conflict

Santiago Sánchez-Pagés

96: Inter-league competition for talent vs. competitive balance

Frederic Palomino and József Sákovics

95: Unemployment Insurance under Moral Hazard and Limited Commitment: Public versus Private Provision

Jonathan Thomas and Timothy Worrall

94: Matching and Sorting with Horizontal Heterogeneity

Simon Clark

93: Bankruptcy Proceedings for Sovereign State Insolvency and their Effect on Capital Flows

Jonathan Thomas

92: Running to Keep in the Same Place: Consumer Choice as a Game of Status

Ed Hopkins and Tatiana Kornienko

91: Ratio Orderings and Comparative Statics

Ed Hopkins and Tatiana Kornienko

90: Auctions for Split-Award Contracts

Martin K Perry and József Sákovics

89: Trading Costs of Institutional Investors in Auction and Dealer Markets

Andy Snell and Ian Tonks

88: A Panel Data Approach to Testing Anomaly Effects in Factor Pricing Models

Laura Serlenga, Yongcheol Shin and Andy Snell

87: Rights issues versus private placements:- Theory and UK evidence

Seth Armitage and Andy Snell

86: The provision of quality in a bilateral search market

Clara Ponsati and József Sákovics

85: Collective vs. Individual Sale of TV Rights in League Sports

Sonia Falconieri, Frederic Palomino and József Sákovics

84: Uniqueness of Equilibrium in Two-sided Matching

Simon Clark

83: Samuelson Machines and the Optimal Public-Private Mix

Simon Clark and Ravi Kanbur

82: Stable Partnerships, Matching, and Local Public Goods

Simon Clark and Ravi Kanbur

81: Olson vs. Coase: coalitional worth in conflict

Joan Esteban and József Sákovics

80: Adaptive Learning Models of Consumer Behaviour

Ed Hopkins

79: Attainability of Boundary Points under Reinforcement Learning

Ed Hopkins and Martin Posch

78: Learning, Information and Sorting in Market Entry Games: Theory and Evidence

John Duffy and Ed Hopkins

77: Games of incomplete information without common knowledge priors

József Sákovics